1st Edition

Resource Management

ISBN 9780750638630
Published August 31, 1998 by Routledge
236 Pages

USD $52.95

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Book Description

Managing Resources is the absolute guide to all areas of resource control. It includes:
* Thorough coverage of all areas of resource control for supervisors.
* Clear explanations of theories and techniques of control.
* Practical exercises to reinforce skills and knowledge.
* Application of theory to the work-based problem's facing today's managers.

The Team Leader Development Series is an essential tool towards gaining the Supervisory Management Award. Consisting of four practical and interactive textbooks, this series will be invaluable not only to students, but also as a guide individuals and organisations seeking to improve their business performance at the first level of management.

Key learning features:

* Learning Objectives to enable the reader to assess the knowledge gained throughout the series.
* Activities to put the learning into practice.
* Case studies - 'true-life' scenarios!
* Workbased Assignments which will provide evidence for S/NVQ portfolios.
* Language is straightforward and direct, contextualised to relate to team leaders and supervisory managers working in a wide range of industry sectors.
* Influential protagonists in the field will be alluded to as appropriate to support the learning.
* Action plan to take the learning forward.

Table of Contents

The context in which organisations operate- types of organisations and their nature; organisational objectives; the operating environment; stakeholders in organisations; Resources required by organisations - types of resources; past, present and future resources; levels of decision-making; information requirements; information systems (internal and external); Financial resources - financial v management accounting; introducing financial statements-legal requirements-external requirements-internal requirements; the profit and loss account; the balance sheet; the cash flow statement; Cash resources - the need for cash control; cash budgets; dealing with shortfalls and excesses; managing cash flow; record keeping for cash; Sources of finance - short-term finance; longer-term finance; internal sources of finance; external sources of finance; negotiating cash budget allocations; Analysing financial statements - why analysis is important; introduction to financial analysis; profitability ratios; liquidity ratios; use of assets ratios; Management accounts - manufacturing accounts; operating statements-introduction; internal; Cost control - the elements of cost; cost behaviour; costing methods 1-absorption costing; costing methods 2-marginal costing;costing methods 3-standard costing; Control of materials, services, labour and overheads - stock control; control of services and supplies; labour control; overhead control, including allocation and apportionment; comparison of actual costs with budgeted costs; investigation into variances; Control of equipment - types of equipments; equipment costs; use of equipment (inc. training and maintenance); monitoring efficiency; replacing equipment; Budgetary control - the need for budgeting; the budget-planning process; allocating resources; the master budget and its component parts; re-negotiating budgets; taking corrective action; Decision-making 1 - methods of reducing costs; amending plans and budgets; reacting to sudden opportunities or problems; forecasting future requirements; Decision-making 2 - costs and benefits; quantifiable and non-quantifiable costs and benefits; methods of calculating costs and benefits; choosing between alternatives; analysing risk

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